Fastener Shanghai
Official WeChat
fastenerfastenerBuyers' Guidefastener
fastenerStandard Searchfastener
fastenerFor Buyersfastener
fastenerFor Suppliersfastener
fastenerTrade Showsfastener
fastenerMy Officefastener
fastenerPost Inquiriesfastener
Home->Fastener News->Japan’s high-tech Olympics stalled by lack of low-...You are the 629566 visitors
Views:385   |   recommendation:   |   Votes:0   |   Discuss:0
Japan’s high-tech Olympics stalled by lack of low-tech bolts

An aerial view of Japan's National Stadium under construction in Tokyo for the upcoming Tokyo 2020 Olympic Games CREDIT: AFP

Efforts to deliver the most high-tech Olympic Games in history in 2020 are in jeopardy due to a shortage of one of the most basic components used in Japan’s construction industry - the bolt.

Tuesday marked 500 days until the opening ceremony for Tokyo 2020, which will feature more than 11,000 athletes competing in a record 339 events across 33 sports. For the first time, the Games will include karate, skateboarding, sport climbing and surfing.

Preparations for the Games include a massive construction spree, for venues, infrastructure projects, the Olympic Village and numerous new hotels that are needed to accommodate the anticipated influx of spectators.

The building boom has led to a shortage of components, however, with 83 percent of the 305 construction companies replying to a survey by the infrastructure ministry complaining that they cannot purchase enough bolts for their projects and that the shortage is causing delays in the construction work.

Bolt suppliers are generally able to deliver bulk orders within six weeks, the Yomiuri newspaper reported, but surging demand means that companies are now having to wait six months for bolts to be delivered.

Source: The Telegraph

2019/4/22 12:22:00

Previous:    Europe threatens tariffs on American ketchup, cheese and fish over Boeing subsidies
        Next:    China-Europe freight train cargo value surges by 106 percent

Recent Related News
Japan's Fastener Production Value Hits Record High--2019-06-14
Bolts Shortage in Japan Benefits the Korean Fastener Maker KPF--2019-06-04
Taiwan Fastener Export to China Mainland Drops but Export to Russia Shows the Highest Increase --2019-05-30
Japanese Nitto Seiko's New Base in Guangzhou (China) to Expand Screw Sales--2019-05-27
Taiwan Fastener Export Volume Grows 0.37% to 0.131 Million Tons in April 2019--2019-05-22
China Fastener Exports Rise 43.4% in March--2019-04-29
China Export Tax Rebates for Fasteners Increased to 10%--2019-03-23
Top 100 China Fastener Suppliers 2018 Unveiled--2019-01-31
Taiwan’s Fastener Export Reached New High in 2018 --2019-01-29
Fastener Distributor Index Slips for Second Straight Month--2019-01-18
Taiwan’s Small Screw Exports Reaches New High--2018-12-29
China’s Fastener Exports Increase in First 10 Months--2018-12-27

Vote for this news?

fastener(Very Good)
fastener(Very Bad)

More Discuss...
Your Name: Anonymous

Enter the code shown:fastener5fastener

Fastener Trade Show Suzhou

China Fastener Directory
Get it FREE!
Get your CFD at the following shows:

•METALTECH, May 15-18, 2019, Malaysia

•IT BY FERROFORMA, Jun 4-6, 2019, Bilbao, Spain

•Fastener Fair Mexico, Jun 19-20, 2019, Mexico City, Mexico

Show Room

Offer Product

Latest News
• Japan's Fastener Production Value Hits Record High

• Over 600 U.S. firms urge Trump to solve China trade dispute

Buyers' Guide
Company News

• Huawei

• Based on R&D, Dongtai Huawei Offers Fasteners for Special Requirements

The Way to Enter Chinese Market
The Way to Enter Chinese Market